What is white money and black money?
How to invest black money?
Asked by sundar v, 15 Jul '07 09:56 pm
Earn 10 points for answering
The wealth available for which we have declared our accounts to Government of India and paid relevant taxes is called White Money. The portion of money earned by the individual but not formed part of the declaration for which Income Tax haven't paid to Government of India is BLACK Money. Best way to Invest BLACK Money is donate it to CHARITY Organisations.Answered by Vishnu Dev, 15 Jul '07 10:01 pm
Your vote on this answer has already been received
Contact to me by e-mail ; email@example.com I tell You a better option for this.Answered by vinod kumr, 04 Sep '10 07:44 pm
Put FD's of 49000 in different banks. PAN no will not be required and you can actually escape.Answered by Usha S, 16 Jul '07 12:51 pm
White is on yoyr b/s and the other is not on it. the best way to invest it is to rerute it to your b/s or you know what the real estates is all about some b/s and non b/s both work make yoyr own choice but beaware that our FM is Chadamberm and he iscapabel of tracking dowm what he wants.Answered by desa ru, 15 Jul '07 10:28 pm
Tax paid¬ paid.Invest in gamblingAnswered by PRABIR DATTA, 15 Jul '07 09:59 pm
See rajini's SHIVAJI flimAnswered by indhu anandan, 15 Jul '07 09:57 pm